According to Odaily Planet Daily, ETF expert Nate Geraci, former president of The ETF Store and current president of NovaDius Wealth Management, posted on the X platform that BlackRock is expected to submit an XRP ETF application to the U.S. Securities and Exchange Commission after Ripple's appeal case is resolved to promote the diversification of cryptocurrency ETF investment portfolios.
However, Nate Geraci specifically clarified that if his prediction was wrong, he was willing to take responsibility, but he admitted that it was meaningless to ignore crypto assets other than Bitcoin and Ethereum, otherwise it would be like telling the market that only BTC and ETH are valuable.
According to previous news, both parties in the lawsuit between the US SEC and Ripple gave up their appeals, and the relevant rulings remained unchanged.